Saturday October 25, 2014 Search
Weather | Athens
19o C
12o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Merkel, Samaras expected to sign MoU for Greek investment fund, German media reports

Greece and Germany were expected to sign a memorandum of understanding with regard to the development of a Greek investment fund for growth, Germanyís Handelsblatt reported on Friday.

The MoU was expected to be signed by German Chancellor Angela Merkel and Greek Prime Minister Antonis Samaras during the formerís visit to Athens on Friday.

According to the report the investment fund, whose structure would echo Germanyís state-owned KfW lender, would aid the liquidity of small and medium-sized businesses through low interest rate loans. The report further noted that the two countries would each contribute 100 million euros to the new venture.

Although plans for the investment fund have been in the works for a while -- with contributors also expected to include the European Union, the European Investment Bank and France -- Germany had decided to act unilaterally, the newspaper reported. Nevertheless, the funds expected to be transferred from Germany through KfW must be approved by the German state budget for 2014, scheduled for debate at the Bundestag in July.

ekathimerini.com , Friday April 11, 2014 (14:08)  
TAIPED waits for green light from Eurostat
Trade deficit shrinks on big drop in imports
SMEs unable to claim subsidies
Taxes kept growing in second quarter
Athens, Nicosia satisfied by EU leadersī stance toward Ankara
A reference in Fridayís European Council conclusions calling on Turkey to respect Cyprusís sovereign rights left Athens and Nicosia content with the outcome of the European Union leadersí su...
Suspended policeman chief suspect in cousinís murder
A 27-year-old police officer who has been suspended from duty since 2013 for extortion, is being treated as the chief suspect in a murder committed in a suburb of Piraeus on Thursday. Police...
Inside News
BASKETBALL
A win is a win is a win for Olympiakos
A bad Olympiakos defeated a worse Laboral Kutxa 63-57 to make it two out of two in the Euroleague on Friday. In a game where the two teams had an overall field goal rate of about one in thre...
SOCCER
Panathinaikos snatches point at Eindhoven
Panathinaikos offered its fans a glimpse of its glorious past in European competitions snatching a draw at PSV Eindhoven, on an otherwise bad night for Greek soccer in the Europa League, as ...
Inside Sports
COMMENTARY
Tension for tensionís sake?
It is evident that Turkish President Recep Tayyip Erdogan feeds off tension. He would barely have achieved as much as he has Ė and prevailed Ė if he had not been so keen to confront a series...
EDITORIAL
Testing ground
The Regional Authority of Attica is a good testing ground for politicians who appear to thrive on accusations to prove whether they can actually solve major problems of a practical nature. T...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
†RECENT NEWS
1. A win is a win is a win for Olympiakos
2. TAIPED waits for green light from Eurostat
3. Trade deficit shrinks on big drop in imports
4. SMEs unable to claim subsidies
5. Taxes kept growing in second quarter
6. Thessaloniki Port expects 2014 to be record year
more news
Today
This Week
1. Woman killed in tram accident in Floisvo, south of Athens
2. Clocks to go back 1 hour on Sunday
3. Venizelos slams Turkey for 'flagrant violation of international law' off Cyprus
4. ECB vies for third time lucky in European stress tests
5. ECB bank assessment to show 6-billion-euro capital gap, Citi says
6. Cyprus GDP upgrade seen as boosting bailout exit plans
Today
This Week
1. The past, present and future of the Greek debt crisis
2. Greeceís closed society is central to its current malaise
3. Greece must stick to reforms, says Schaeuble
4. At least 11 banks to fail European stress tests, three in Greece, report says
5. Cyprus to block Turkey's EU talks after EEZ violation
6. Samarasís crumbling Greek exit lacks backing from economists
†††Find us ...
††... on
Twitter
†† ††... on Facebook ††
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.